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Service charges for gated communities
Kanjora1
#1 Posted : Tuesday, July 16, 2013 6:58:20 PM
Rank: New-farer

Joined: 8/7/2012
Posts: 39
I apologise if this has been tackled elsewhere but I'm dismayed at some f the things estate developers are being allowed to get away with!
I have been put in a position where having purchased an apartment I have been ambushed with other misc charges for maintenance. Just to name some- swimming pool- shs.2000, landscape maintenance-ksh.3000, security guards-ksh.3000, security lights-ksh.1000, communal areas cleaning-ksh.2000, standby generator-ksh.2000. Just these add up to ksh.13k per month not to mention county govt wants rates etc.
The funny thing is that these guys want to offer the services themselves and they show you some obscure small print in the agreement as your consent for these charges! I bought this apt as an investment and at this rate I feel I'm making more money for the developer than for myself! It's like even as the developers sell these properties and make billions they're still unwilling to let go and they still follow the buyers to strangle them with more charges!
Please Wazuans make sure when you buy these so called gated community properties you read the small print to avoid these sharks!
dunkang
#2 Posted : Tuesday, July 16, 2013 7:12:17 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
Is it monthly or annually?
Receive with simplicity everything that happens to you.” ― Rashi

Kanjora1
#3 Posted : Tuesday, July 16, 2013 7:54:26 PM
Rank: New-farer

Joined: 8/7/2012
Posts: 39
@dunkang, those charges are monthly!
For Sport
#4 Posted : Wednesday, July 17, 2013 7:28:06 AM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
How many shares does each tenant have in he management company?
QD
#5 Posted : Wednesday, July 17, 2013 9:22:20 AM
Rank: Member

Joined: 8/5/2009
Posts: 597
@Kanjora1 there seems to be a misinformation from the estate management. As from my experience when i bought the apartment paid those charges P.A heck not monthly and this was coz there were no tenants as yet. Starting the 2nd year the service charge is being paid by the house occupants as they are the once who enjoy/utilize them.

Sorry if you are owner occupier but still the charges are exorbitant and just seek clarification.

Taking a simple maths?
Units 200,
Per unit pay 13,000.00
Per month income to management=200*13000=2,600,000.

Can they account for this???
The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence
maka
#6 Posted : Wednesday, July 17, 2013 10:11:04 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Always read the fine print...
possunt quia posse videntur
KulaRaha
#7 Posted : Wednesday, July 17, 2013 10:21:04 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Its normal...I pay 12,500 a month for security, common area elec, generator, landscaping, garbage collection, maintenance etc.

But I pay to the management company that is run by a committee of tenants...
Business opportunities are like buses,there's always another one coming
mwasjd
#8 Posted : Wednesday, July 17, 2013 1:01:02 PM
Rank: Member

Joined: 7/28/2006
Posts: 30
Geez you peeps pay quite a tidy sum for services. At my hood (dense populated) we pay 1.5k (security, garbage and common areas lighting & cleaning). However on purchase, developer insisted on 1 year payment in advance (fine print). Recently residents kicked out developer in hostile takeover of management company and changed service providers. However, we are still waiting for long overdue AGM to determine if new committee is benefiting or we will get a reduction in rates following change of providers.
King G
#9 Posted : Wednesday, July 17, 2013 1:04:51 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
Your service charge = rent is some equally decent neighbourhishoods. Aish dunia ni duara kweli....
Thieves
Kanjora1
#10 Posted : Wednesday, July 17, 2013 1:34:47 PM
Rank: New-farer

Joined: 8/7/2012
Posts: 39
I think I'll soon float the idea of having our own management company with my neighbours to see whether we could kick out the sharks! I can't see how you can legally sell a property and then insist on being its manager at extortionist rates!
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